Austria: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Austria

In 2021, the Austrian positive displacement pump market decreased by -2.9% to $X for the first time since 2013, thus ending a seven-year rising trend. In general, consumption, however, recorded a strong expansion. Positive displacement pump consumption peaked at $X in 2020, and then declined in the following year.

Positive Displacement Pump Exports

Exports from Austria

In 2021, shipments abroad of positive displacement pumps and hand pumps decreased by -16.4% to X units, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 60% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, positive displacement pump exports surged to $X in 2021. In general, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -3.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 42% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for positive displacement pump exports from Austria, with a 31% share of total exports. Moreover, positive displacement pump exports to Germany exceeded the volume sent to the second major destination, Hungary (X units), threefold. Switzerland (X units) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+14.7% per year) and Switzerland (+8.6% per year).

In value terms, Germany ($X) remains the key foreign market for positive displacement pumps and hand pumps exports from Austria, comprising 38% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 13% share of total exports. It was followed by India, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +23.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-2.4% per year) and India (+36.0% per year).

Export Prices by Country

The average positive displacement pump export price stood at $X per unit in 2021, growing by 38% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 52%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Bosnia and Herzegovina ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Positive Displacement Pump Imports

Imports into Austria

After six years of growth, overseas purchases of positive displacement pumps and hand pumps decreased by -7.3% to X units in 2021. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2017 when imports increased by 214% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020, and then shrank in the following year.

In value terms, positive displacement pump imports totaled $X in 2021. Overall, imports, however, showed prominent growth. The growth pace was the most rapid in 2017 when imports increased by 97%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of positive displacement pump to Austria, with a 80% share of total imports. Moreover, positive displacement pump imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold. Bosnia and Herzegovina (X units) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+19.8% per year) and Bosnia and Herzegovina (+335.5% per year).

In value terms, Germany ($X) constituted the largest supplier of positive displacement pumps and hand pumps to Austria, comprising 75% of total imports. The second position in the ranking was taken by Italy ($X), with a 7.2% share of total imports. It was followed by Bosnia and Herzegovina, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.8% per year) and Bosnia and Herzegovina (+182.2% per year).

Import Prices by Country

The average positive displacement pump import price stood at $X per unit in 2021, increasing by 18% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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